Fixed assets related

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VIJAY (Querist)
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27 September 2008 Hi,

we have purchased some material like Plywood, Fevicol ,sanitarywares etc. for makes some desks for office use against 3 invoices.

:while preparing assets register, How can I show each desk against particular invoice number or transaction in assets register?

:Is it necessary to show like this?

:Any other way that will be better for physical verification of fixed asset.?

:How can we maintain the fixed assets data by using Item code (Asset code) for every desk.

Regards
Vijay

S.Srinivasaraghavan

S.Srinivasaraghavan (Expert)
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28 September 2008 All the invoice references can be in the capital work in progress account and it is enough if the Journal voucher reference through which capitalisation was done as a consolidated amount in the Fixed Assets register.

VIJAY

VIJAY (Querist)
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30 September 2008 Thanks Sir..

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